Grab Malaysia has signed a memorandum of understanding (MoU) with BYD Sime Motors, Yinson GreenTech (YGT) and Power-Up Tech for increased adoption of electric vehicles among Grab ride-hailing drivers.
In this partnership, Grab aims to expedite the electrification of the transportation sector by offering vehicle fleet partners and ride-hailing drivers access to electric vehicles at competitive rates, alongside establishing accessible vehicle charging infrastructure and facilities, said Grab in a statement.
In this partnership, Yinson GreenTech will provide Grab with comprehensive leasing packages for EVs, with a suite of electrification solutions. This will begin with the delivery of 10 units of the BYD M6, and the firm will offer competitive leasing rates, preferential charging rates, and vehicle maintenance for these EVs, YGT said in its statement.
Yinson GreenTech will also provide fleet management tools, share insights on EV performance, and explore further possibilities of installing EV charging stations at key locations, it continued.
“We are excited to partner with Grab Malaysia in making EV adoption more accessible. As the official distributor of BYD cars in Malaysia, we are committed to providing exclusive car pricing and specialized training sessions to equip driver-partners with the knowledge and tools to transition seamlessly to EVs,” said Sime Motors Southeast Asia managing director Jeffrey Gan.
“Our proven track record in electrifying the logistics sector has paved the way for us to now embark into the e-hailing market. We are committed to helping businesses achieve greater efficiency and cost optimisation through electrification. Ultimately, our goal is to contribute to Malaysia’s transportation electrification journey, driving a positive impact on the environment and the economy,” said YGT chief executive Lim Chern Yuan.
“Through this collaboration, we are not only supporting Malaysia’s sustainability agenda but also empowering our driver-partners with access to greener alternatives. By working with key industry players, we aim to accelerate EV adoption and drive long-term benefits for our communities and the environment,” said Grab Malaysia director of country operations and mobility Rashid Shukor.
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